International Business Machines (IBM) Expected to Release Earnings on Wednesday

International Business Machines (NYSE:IBM) will likely be releasing its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect International Business Machines to announce earnings of $3.00 per share and revenue of $17.8609 billion for the quarter. Interested persons can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 5:00 PM ET.

International Business Machines (NYSE:IBM) last posted its earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The business had revenue of $15.92 billion for the quarter, compared to analysts’ expectations of $15.60 billion. During the same quarter in the previous year, the firm earned $1.60 earnings per share. The business’s revenue was up 9.5% compared to the same quarter last year. On average, analysts expect International Business Machines to post $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.

International Business Machines Stock Down 0.1%

International Business Machines stock opened at $212.54 on Monday. The company has a market capitalization of $199.76 billion, a P/E ratio of 18.79, a PEG ratio of 2.28 and a beta of 0.68. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. International Business Machines has a fifty-two week low of $204.44 and a fifty-two week high of $332.46. The stock has a 50-day simple moving average of $263.84 and a 200-day simple moving average of $263.28.

International Business Machines Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were paid a $1.69 dividend. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Friday, May 8th. International Business Machines’s dividend payout ratio (DPR) is presently 59.77%.

International Business Machines News Summary

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: IBM launched new Power server products aimed at automation, app modernization, and local AI inferencing, which could support its enterprise AI push over time.
• Positive Sentiment: JPMorgan kept an overweight rating on IBM even after cutting its price target to $250, indicating Wall Street still sees upside from current levels.
• Positive Sentiment: Some analysts say the stock’s sharp decline may have pushed it into oversold territory, which could attract bargain hunters if sentiment stabilizes.
• Neutral Sentiment: IBM heads into its July 22 earnings report with investors focused on whether the company can validate its AI and cloud momentum after the warning.
• Neutral Sentiment: Analysts at Zacks and others are debating whether the selloff is an opportunity or a sign to wait, reflecting uncertainty rather than a clear fundamental shift.
• Negative Sentiment: IBM’s preliminary Q2 miss and weak near-term outlook are the main reasons the stock is falling, as they suggest slower growth and margin pressure.
• Negative Sentiment: Multiple law firms have announced securities-fraud investigations after the plunge, which can keep negative headlines around the stock.
• Negative Sentiment: Analyst sentiment is turning more cautious, with some estimate reductions and technical warnings reinforcing bearish momentum.

Hedge Funds Weigh In On International Business Machines

Several institutional investors have recently bought and sold shares of the company. Blue Chip Partners LLC increased its position in International Business Machines by 1.0% in the 3rd quarter. Blue Chip Partners LLC now owns 3,955 shares of the technology company’s stock worth $1,116,000 after buying an additional 40 shares during the period. Heritage Wealth Advisors increased its stake in International Business Machines by 1.1% during the fourth quarter. Heritage Wealth Advisors now owns 3,766 shares of the technology company’s stock valued at $1,116,000 after acquiring an additional 41 shares during the period. Binnacle Investments Inc raised its stake in shares of International Business Machines by 10.1% in the second quarter. Binnacle Investments Inc now owns 468 shares of the technology company’s stock valued at $138,000 after purchasing an additional 43 shares in the last quarter. QTR Family Wealth LLC lifted its position in International Business Machines by 3.3% in the fourth quarter. QTR Family Wealth LLC now owns 1,332 shares of the technology company’s stock worth $389,000 after purchasing an additional 43 shares during the period. Finally, Sumitomo Life Insurance Co. lifted its holdings in shares of International Business Machines by 0.9% during the 4th quarter. Sumitomo Life Insurance Co. now owns 5,002 shares of the technology company’s stock worth $1,482,000 after acquiring an additional 44 shares during the period. 58.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

IBM has been the subject of several research analyst reports. Argus decreased their price objective on International Business Machines from $360.00 to $280.00 and set a “buy” rating for the company in a report on Thursday. Stifel Nicolaus set a $290.00 price target on shares of International Business Machines in a research report on Friday, May 22nd. JPMorgan Chase & Co. decreased their price target on shares of International Business Machines from $291.00 to $250.00 and set an “overweight” rating for the company in a research note on Friday. Bank of America raised their price objective on shares of International Business Machines from $315.00 to $330.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of International Business Machines in a research note on Tuesday, June 23rd. Fifteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $292.89.

About International Business Machines

International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.

IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.